Senior Sourcing Analyst

Job Title

Senior Sourcing Analyst

Location

India

About Us

Ingersoll Rand thrives on a culture of innovation and a sense of ownership, committed to enhancing the lives of our employees, customers, and the planet. With over 80 renowned brands, our customers rely on our products and services to deliver high-quality flow creation and industrial solutions designed to perform in the most complex and harsh conditions. Additionally, our unwavering commitment to ownership has enabled our employees to cultivate strong customer relationships, driving them to solve the industry’s most difficult problems.

Job Summary

The Global Sourcing Analyst is responsible for gathering, analyzing, and interpreting procurement and supply chain data to support strategic sourcing decisions. This role includes managing supplier quoting processes, ensuring data accuracy, and optimizing supplier performance, cost savings, and procurement efficiency. The analyst will work closely with sourcing, finance, and operations teams to drive data-driven decision-making and enhance overall procurement strategies.

Responsibilities

Collaborate with cross-functional teams to understand business needs and align sourcing strategies with organizational goals.

Develop and implement strategic sourcing plans to achieve cost savings and efficiency improvements.

Monitor supplier performance and manage relationships to ensure high-quality and timely delivery of goods and services.

Analyze spend data and generate reports to track sourcing performance and identify areas for improvement.

Support Sourcing Manager in NWC initiatives.

Analyzing market commodity prices and distributing data weekly.

Support e-Auctions and other competitive bidding processes to drive cost reductions.

Pursue inflation claw backs and other cost recovery initiatives.

Conduct market research and analysis to identify sourcing opportunities and trends.

Understand and document business processes, connecting actions to outcomes.

Assists with both regular and ad hoc reporting and data analyses.

Performs other responsibilities as assigned or required by the manager.

Basic Qualifications

Proven experience in strategic sourcing, procurement, or supply chain.

Bachelor’s degree in business, Supply Chain Management, or a related field

Ability to support the USA time zone and work well in a virtual team environment

Excellent written, verbal and interpersonal communication skills with good command of English language

Strong analytical and problem-solving skills

Proficiency in data analysis tools and ERP software.

Ability to work collaboratively with cross-functional teams

Detail-oriented with a strong focus on accuracy and quality

Preferred Qualifications

Experience in the medical device or healthcare industry.

Knowledge of e-Auction platforms and processes.

Knowledge of IQMS and PowerBi

Certification in supply chain management (e.g., CPSM, CSCP).

Key Competencies

Demonstrate a bias for action

Leads with boldness and humility

What we Offer

At Ingersoll Rand, we embrace a culture of personal ownership - taking responsibility for our company, our communities, and our environment, as well as our individual health and well-being. Our comprehensive benefits package is designed to empower you with the tools and support necessary to take charge of your health, ensuring that together, we can continue to make life better. Our range of benefits includes health care options like medical and prescription plans, dental and vision coverage, as well as wellness programs. Additionally, we provide life insurance, a robust 401(k) plan, paid time off, and even an employee stock grant, among other offerings. These benefits are our commitment to you, so you can be your best at work and beyond.

Ingersoll Rand Inc. (NYSE:IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to helping make life better for our employees, customers and communities. Customers lean on us for our technology-driven excellence in mission-critical flow creation and industrial solutions across 40+ respected brands where our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity and efficiency. For more information, visit www.IRCO.com.